Ernest Rady
Net worth: 117 M $ as of 30/05/2026
Net worth: 117 M $ as of 30/05/2026
Ernest Sylvan Rady is the founder of American Assets, Inc., founded in 1967, serving as Chairman, President & Chief Executive Officer.
Mr. Rady is the founder of Insurance Co. of the West, founded in 1971, serving as Chairman.
Mr. Rady was the founder of Westcorp, Inc., founded in 1971, serving as Chairman & Chief Executive Officer from 1973 to 2006.
Current jobs include CEO, CIO & Chief Compliance Officer at American Assets Investment Management LLC since 2002; Chairman & Chief Executive Officer at American Assets Trust LP; Executive Chairman at American Assets Trust, Inc. since 2011; Director at ICW Group Holdings, Inc., CalPrivate Bank, Private Bancorp of America, Inc., Ensight, Inc., and Horatio Alger Association of Distinguished Americans, Inc. since 2019; Trustee at The Salk Institute for Biological Studies; Member at Chancellor's Associates; and Trustee-Emeritus at UC San Diego Foundation.
Former jobs include Chairman & Chief Executive Officer at Western Financial Bank from 1994 to 2006; Chairman at Wells Fargo Dealer Services, Inc. from 1995 to 2006; Chairman at Wfs Financial, Inc. from 1995 to 2006; Director at Wachovia Corp.
from 2007 to 2008; Director at Coronado First Bank in 2013; Chairman-Trustees Board & Treasurer at Rady Children's Health; Chairman at American Assets Capital Advisers LLC; Director at San Diego Private Bank; Principal at San Diego Padres Baseball Club, Summit Resources LLC, and Smith Energy Services, Inc.; and Trustee at Scripps Health.
Education includes undergraduate and graduate degrees from the University of Manitoba.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 14/06/2026 | 5,020,059 ( 8.18% ) | 117 M $ | 30/05/2026 |
| Companies | Position | Start |
|---|---|---|
| AMERICAN ASSETS TRUST, INC. | Chairman | 18/01/2011 |
| PRIVATE BANCORP OF AMERICA, INC. | Director/Board Member | - |
Ensight, Inc.
Ensight, Inc. Information Technology ServicesTechnology Services Provides cyber security services | Director/Board Member | - |
UC San Diego Foundation
UC San Diego Foundation Investment Trusts/Mutual FundsMiscellaneous Operates foundation | Director/Board Member | - |
Horatio Alger Association of Distinguished Americans, Inc.
Horatio Alger Association of Distinguished Americans, Inc. Miscellaneous Commercial ServicesCommercial Services Operates as a business association | Director/Board Member | 09/10/2019 |
Chancellor's Associates
Chancellor's Associates Miscellaneous Commercial ServicesCommercial Services Operates as an association | Corporate Officer/Principal | - |
American Assets Trust LP
American Assets Trust LP Real Estate Investment TrustsFinance Operates as real estate investment trust | Chief Executive Officer | 01/01/1971 |
CalPrivate Bank
CalPrivate Bank Regional BanksFinance Provides state commercial banking services | Director/Board Member | - |
American Assets Investment Management LLC
American Assets Investment Management LLC Investment ManagersFinance AAIM seeks to generate high risk-adjusted total returns by investing in a wide variety of publicly traded securities including equities, debt, and derivatives. The firm primarily focuses on undervalued shares of large multinational US corporations. They employ investment process that emphasizes fundamental, bottom-up, research-driven stock picking and a top-down management style that stresses disciplined risk management. AAIM seeks investments that represent fundamentally good value in quality companies whose securities sell at intrinsic value or less. | Chief Executive Officer | 31/07/2002 |
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Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 27 |
|---|---|
Wachovia Corp.
Wachovia Corp. Major BanksFinance Provides commercial and retail banking services | Finance |
Westcorp, Inc.
Westcorp, Inc. Major BanksFinance Provides commercial and retail banking services | Finance |
Wells Fargo Dealer Services, Inc.
Wells Fargo Dealer Services, Inc. Finance/Rental/LeasingFinance Provides automobile finance services | Finance |
The Salk Institute for Biological Studies
The Salk Institute for Biological Studies Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
American Assets Investment Management LLC
American Assets Investment Management LLC Investment ManagersFinance AAIM seeks to generate high risk-adjusted total returns by investing in a wide variety of publicly traded securities including equities, debt, and derivatives. The firm primarily focuses on undervalued shares of large multinational US corporations. They employ investment process that emphasizes fundamental, bottom-up, research-driven stock picking and a top-down management style that stresses disciplined risk management. AAIM seeks investments that represent fundamentally good value in quality companies whose securities sell at intrinsic value or less. | Finance |
Insurance Co. of the West
Insurance Co. of the West Property/Casualty InsuranceFinance Property and Casuality | Finance |
ICW Group Holdings, Inc.
ICW Group Holdings, Inc. Property/Casualty InsuranceFinance Provides fire, marine and casualty insurance services | Finance |
American Assets Trust, Inc.
American Assets Trust, Inc. Real Estate Investment TrustsFinance Operates as a real estate investment trust which owns, operates, acquires and develops office, retail, multifamily and mixed-use properties | Finance |
American Assets Trust LP
American Assets Trust LP Real Estate Investment TrustsFinance Operates as real estate investment trust | Finance |
Western Financial Bank
Western Financial Bank Savings BanksFinance Federally chartered savings bank | Finance |
University of Manitoba
University of Manitoba Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Rady Children's Hospital & Health Center of San Diego
Rady Children's Hospital & Health Center of San Diego Hospital/Nursing ManagementHealth Services Provides health care services | Health Services |
San Diego Padres Baseball Club
San Diego Padres Baseball Club Movies/EntertainmentConsumer Services Owns and operates a professional baseball team | Consumer Services |
American Assets, Inc.
American Assets, Inc. Real Estate DevelopmentFinance Operates as a real estate company | Finance |
San Diego Private Bank /Old/
San Diego Private Bank /Old/ Regional BanksFinance Offers personal and commercial banking services | Finance |
Summit Resources LLC
Summit Resources LLC Miscellaneous Commercial ServicesCommercial Services Provides marketing services to automotive manufacturers and dealers | Commercial Services |
Scripps Health
Scripps Health Hospital/Nursing ManagementHealth Services Operates as hospital | Health Services |
Smith Energy Services, Inc.
Smith Energy Services, Inc. Oil & Gas PipelinesIndustrial Services Provides integrated mid-stream pipeline maintenance and production services to natural gas | Industrial Services |
Coronado First Bank
Coronado First Bank Regional BanksFinance Provides banking services | Finance |
CalPrivate Bank
CalPrivate Bank Regional BanksFinance Provides state commercial banking services | Finance |
American Assets Capital Advisers LLC
American Assets Capital Advisers LLC Investment ManagersFinance AACA focuses on real estate securities, which includes Real Estate Investment Trusts (REITs), gaming, lodging, real estate operating companies (REOCs), home-building, real estate service, real estate finance companies, land and infrastructure. The firm generally seeks to generate high risk-adjusted total returns by investing in fundamentally mispriced real estate securities while preserving capital and mitigating risk. | Finance |
Private Bancorp of America, Inc.
Private Bancorp of America, Inc. Regional BanksFinance Operates as a bank holding company whose subsidiaries provides banking services | Finance |
Horatio Alger Association of Distinguished Americans, Inc.
Horatio Alger Association of Distinguished Americans, Inc. Miscellaneous Commercial ServicesCommercial Services Operates as a business association | Commercial Services |
Chancellor's Associates
Chancellor's Associates Miscellaneous Commercial ServicesCommercial Services Operates as an association | Commercial Services |
UC San Diego Foundation
UC San Diego Foundation Investment Trusts/Mutual FundsMiscellaneous Operates foundation | Miscellaneous |
Ensight, Inc.
Ensight, Inc. Information Technology ServicesTechnology Services Provides cyber security services | Technology Services |
Wfs Financial, Inc.
Wfs Financial, Inc. Financial ConglomeratesFinance Operates as a financing institution | Finance |
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